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| Honda CR-V |
Customers can purchase a new Honda every three years from €199 per month following the introduction of this programme. It is being launched at Honda Dealers this month with highly-equipped new models, new low C02 engines and deals available across the Honda Range for 141.
Three key steps are involved in the process. Firstly, the customer can choose a deposit amount that works best for them ranging from 10 percent to 32 percent. Secondly, Honda will set a guaranteed minimum future value for the car at the end of the finance term (at realistic levels), and thirdly, monthly repayments are then calculated on the difference, and not the full amount, which means lower monthly repayments.
Options for customers at the end of the three year finance term are that the car can be handed back to the dealer and the customer simply walks away, or secondly, the customer can keep the car by paying or financing the outstanding balance; or when appropriate, the customer can convert the equity value in their car into a new plan and get behind the wheel of the latest model, and start the same process all over again.Honda Now is a personal contract purchase plan, or PCP, and is available across the Honda Range. With the plan, buyers can drive away in the Honda Jazz supermini from €199 per month, Civic family car from €259, the Accord executive saloon from €399 or the new CR-V 1.6 diesel SUV from €369 per month.
Adrian Cole, Managing Director of Universal Honda Ltd (pictured) says their new finance plan aims was to bring simplicity to what is still a very new concept to Irish car buyers. "It will suit many pockets, with options available that facilitate smaller deposits, or manageable monthly payments."
